Citigroup Lowers US Foods (NYSE:USFD) Price Target to $111.00

Key Points

• Citigroup lowered its price target on US Foods to $111 from $115, while keeping a buy rating. The new target still implies about 31.5% upside from the current share price.
• US Foods reported Q1 earnings with EPS of $0.78 and revenue of $9.61 billion, both slightly below analyst estimates. Even so, revenue grew 2.8% year over year and adjusted EBITDA rose 6.2% to $413 million.
• The company reaffirmed its 2026 outlook, including EPS guidance of $4.696 to $4.935 and expected adjusted EBITDA growth of 9% to 13%. Analysts overall still view the stock as a Moderate Buy, with a consensus target of $106.75.

US Foods (NYSE:USFD - Get Free Report) had its target price dropped by research analysts at Citigroup from $115.00 to $111.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. Citigroup's price target indicates a potential upside of 31.46% from the company's current price.

Other research analysts have also recently issued research reports about the company. Piper Sandler cut US Foods from an "overweight" rating to a "neutral" rating and upped their price target for the company from $85.00 to $103.00 in a research report on Friday, February 13th. Barclays upped their price target on US Foods from $90.00 to $104.00 and gave the company an "overweight" rating in a research report on Friday, February 13th. Zacks Research cut US Foods from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 20th. Wall Street Zen raised US Foods from a "hold" rating to a "buy" rating in a research report on Saturday, April 4th. Finally, Weiss Ratings lowered US Foods from a "buy (b+)" rating to a "buy (b)" rating in a research note on Friday, May 1st. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $106.75.

US Foods Stock Performance

Shares of NYSE USFD traded down $2.44 during trading on Friday, reaching $84.44. 3,339,598 shares of the stock traded hands, compared to its average volume of 2,686,266. US Foods has a 52-week low of $69.88 and a 52-week high of $102.13. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.16 and a quick ratio of 0.68. The company has a 50-day moving average of $91.75 and a 200-day moving average of $83.96. The stock has a market capitalization of $18.60 billion, a P/E ratio of 28.72, a price-to-earnings-growth ratio of 1.13 and a beta of 0.90.

US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $0.82 by ($0.04). US Foods had a net margin of 1.71% and a return on equity of 18.74%. The firm had revenue of $9.61 billion for the quarter, compared to analysts' expectations of $9.66 billion. During the same period in the prior year, the company earned $0.68 EPS. The firm's quarterly revenue was up 2.8% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts forecast that US Foods will post 4.51 EPS for the current fiscal year.

Insider Activity

In related news, insider James David Works, Jr. sold 65,737 shares of the business's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the sale, the insider directly owned 88,176 shares in the company, valued at approximately $8,510,747.52. The trade was a 42.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.74% of the company's stock.

Institutional Trading of US Foods

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parkside Financial Bank & Trust raised its stake in shares of US Foods by 303.7% during the 3rd quarter. Parkside Financial Bank & Trust now owns 327 shares of the company's stock valued at $25,000 after purchasing an additional 246 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in shares of US Foods during the 3rd quarter valued at $26,000. Steph & Co. bought a new position in US Foods in the 4th quarter worth about $34,000. Geneos Wealth Management Inc. increased its stake in US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company's stock worth $37,000 after acquiring an additional 263 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC bought a new position in US Foods in the 4th quarter worth about $36,000. 98.76% of the stock is currently owned by institutional investors.

Trending Headlines about US Foods

Here are the key news stories impacting US Foods this week:

• Positive Sentiment: US Foods said first-quarter case volume rose 1.4%, with independent restaurant case volume up 4.6%, while net sales increased 2.8% to $9.6 billion and adjusted EBITDA climbed 6.2% to $413 million. US Foods Reports First Quarter Fiscal Year 2026 Earnings
• Positive Sentiment: The company reaffirmed its 2026 outlook for 9% to 13% adjusted EBITDA growth and issued full-year EPS guidance of $4.696 to $4.935, signaling confidence in its operating plans despite near-term cost pressures. US Foods reaffirms 2026 outlook for 9%-13% adjusted EBITDA growth amid elevated fuel costs
• Neutral Sentiment: Management highlighted continued profit improvement on the earnings call, but investors are weighing that against weather disruptions, higher fuel costs, and other headwinds that could pressure margins in coming quarters. US Foods Earnings Call Highlights Profits Amid Headwinds
• Negative Sentiment: Quarterly EPS of $0.78 missed estimates of $0.82, and revenue of $9.61 billion also came in below expectations, which is the main reason the stock is under pressure today. US Foods NYSE: USFD Reports Sales Below Analyst Estimates In Q1 CY2026 Earnings

About US Foods

US Foods NYSE: USFD is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.

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